Company Filing History:
Years Active: 1998-2004
Title: Maria M Mandler: Innovator in Risk-Based Transactional Systems
Introduction
Maria M Mandler is a notable inventor based in Wilmette, IL (US). She has made significant contributions to the field of online transactional services, particularly in developing systems that enhance the purchasing experience for buyers and sellers. With a total of 2 patents, her work focuses on risk assessment in financial transactions.
Latest Patents
One of Maria's latest patents is a system and method for a risk-based purchase of goods. This innovative system enables online transactional services among sellers and buyers who have no previous relationship with each other. The system includes a financial clearinghouse that receives requests for goods or services from buyers and makes real-time determinations of the buyer's risk classification using an online repository of credit information. The financial clearinghouse determines a risk-based discount fee based on the buyer's risk classification to establish a payment amount to the seller. If the transaction is authorized, the clearinghouse transmits the payment amount to the seller and sends an invoice to the buyer for the purchase price. Additionally, the system can include a broker that provides online order acceptance and processing capabilities between buyers and sellers.
Career Highlights
Maria M Mandler is currently employed at Citibank, N.A., where she applies her expertise in financial technology and risk management. Her innovative approach to transactional systems has positioned her as a key player in the industry.
Collaborations
Throughout her career, Maria has collaborated with notable colleagues, including Ann P McLaughlin and Robert R Battenfelder. These partnerships have contributed to the development and refinement of her innovative systems.
Conclusion
Maria M Mandler's contributions to the field of online transactional services demonstrate her commitment to innovation and improving financial interactions. Her work continues to influence the way buyers and sellers engage in transactions, making her a significant figure in the realm of financial technology.
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